Finally, the stock market, explained!
Intimidating the general public and eluding true understanding for
generations, the stock market today is more accessible and approachable
to "Joe & Joanna Public" than ever before!
Essentially, the stock market is a market full of companies that you can
buy pieces (or shares) of for a low(er) price and then sell for
high(er) prices, anywhere from a moment to days to weeks to months to even years later according to market activity, strategic timing and
a good plan of action.
In order to do this, you must first choose a broker/brokerage firm (same difference) that you may execute your orders through.
You'd used to have to call a broker live on the trading floor but now most have apps and/or websites that are free to download and have low-to-no
commission fees to pay per trade.
Now, you can do it all by phone, with no middle men. |
Often feared as "too risky" and "basically gambling" by the uninitiated,
its mystique remains intact without much question from the only
marginally curious, when in fact the market has also been described as
just as predictable, dependable and a sound method of growing one's
wealth if you know the rules of the industry, the tools of the trade,
have a good grip on your emotions and understand risk management.
Whereas any bank offers an average of 0-3% growth on your savings and
basic securities (CDs, Mutual Funds, etc.) offer 3-6% growth...
...but depositing
one's funds into a sound brokerage firm (i.e., Charles Schwab, TD
Ameritrade, Webull, Robinhood, NADEX, etc.) not only gives a base of 6%
growth but also allows more aggressive gains through trading and
investing through their complimentary trading platform, "paper trading"
simulation modes for practice and technical analysis tools for
interpreting market activity.
Over the years, I've occasionally dabbled in the stock market and got
fairly serious about learning especially after unsuccessful beginnings
(eventually -$$$$), using methods that quite frankly weren't right for
my personality type (binary trading with a 5-minute expiry).
Even so, I knew deep down it was going to end up cashed-out as tuition in my financial education.
Know what you're doing before the market beats you up! |
But I love sales and participating in the stock market did nothing but
quantify my love for sales by 1000% so I took my lumps like a gangsta
and pressed on, resolving to close my gap in understanding what the
wealthy do about this wild beast of an industry and to (as usual) share
my findings with my/our
loyal audience.
Herein this video playlist are insights
from trading professionals and investors like Ricky Gutierrez
(Techbuds Solutions), Adam Khoo, Warren Buffet, Clay Trader, Patrick
Wieland, Timothy Sykes and many more explaining the essentials of the
stock market, the different methods of trading and investing, how to
make money no matter which way the market is going and how to stretch
one's current rate of the bank's 0-3% growth to the brokerage firm's
initial 6% growth to up to 20% growth through trading and investing.
Bulls are buyers and bears are sellers. |
As always, just hit play and use the in-screen options to toggle
through the playlist, play full-screen from Youtube or cast it onto
your smart TVs and binge-watch away!
BONUS: RELATED ARTICLES
For more on money, business and wealth, just click on one of the articles below!
* FINANCIAL LITERACY - Understanding Business and Money
* CAREER PATHS; REAL ESTATE - Marketing, Investing and Flipping
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Bringing STARSHIP scholastic awards and initiatives for innovation to your city!